Tax Exempt High Yield Fund Technical Analysis
| RTHAX Fund | USD 9.66 0.01 0.10% |
As of the 17th of March 2026, TAX-EXEMPT HIGH trades at 9.66 per share. Key technical indicators include Semi Deviation of 0.0659, coefficient of variation of 947.05, and Risk Adjusted Performance of 0.0353. The technical model evaluates historical price movement, trading volume, and volatility patterns to quantify trend strength. Current values are evaluated relative to sector peers and historical ranges.
TAX-EXEMPT HIGH Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as TAX-EXEMPT, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to TAX-EXEMPTTAX-EXEMPT |
What if' Analysis
What-if analysis for Tax Exempt High Yield is essentially a historical sensitivity test that shows how changes in the investment horizon could have altered realized return, drawdown, and timing outcomes. Used properly, this review helps investors decide whether TAX-EXEMPT HIGH's historical reward profile was stable enough to support the current thesis.
| 12/17/2025 |
| 03/17/2026 |
An initial 0.00 allocation to TAX-EXEMPT HIGH on December 17, 2025 held through today would record 0.00 in cumulative gains. The change equals a 0.0% net return in TAX-EXEMPT HIGH in aggregate over a 90 day window. TAX-EXEMPT HIGH competes with or is related to INTERNATIONAL INVESTORS, International Investors, FRANKLIN GOLD, PRECIOUS METALS, Precious Metals, GOLD AND, and GREAT-WEST GOLDMAN. The list provides context for relative analysis. The fund invests at least 80 percent of the value of its net assets plus borrowings for investment purposes in fixed inc... More
TAX-EXEMPT HIGH Momentum Range Indicators Summary
Upside and downside indicators for TAX-EXEMPT HIGH summarize momentum balance and potential range context for the fund. They provide a structured view of short-term momentum and range behavior.
| Downside Deviation | 0.2868 | |||
| Information Ratio | 0.2278 | |||
| Maximum Drawdown | 0.8231 | |||
| Value At Risk | -0.21 | |||
| Potential Upside | 0.2056 |
TAX-EXEMPT HIGH Market Risk Indicators Signals
These indicators track TAX-EXEMPT HIGH's volatility and return range dynamics. The indicators highlight how volatility has behaved across recent periods.| Risk Adjusted Performance | 0.0353 | |||
| Jensen Alpha | 0.0045 | |||
| Total Risk Alpha | 0.0087 | |||
| Sortino Ratio | 0.1074 | |||
| Treynor Ratio | 0.5028 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TAX-EXEMPT HIGH's price to converge to an average value over time is called mean reversion.
Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0353 | |||
| Market Risk Adjusted Performance | 0.5128 | |||
| Mean Deviation | 0.086 | |||
| Semi Deviation | 0.0659 | |||
| Downside Deviation | 0.2868 | |||
| Coefficient Of Variation | 947.05 | |||
| Standard Deviation | 0.1352 | |||
| Variance | 0.0183 | |||
| Information Ratio | 0.2278 | |||
| Jensen Alpha | 0.0045 | |||
| Total Risk Alpha | 0.0087 | |||
| Sortino Ratio | 0.1074 | |||
| Treynor Ratio | 0.5028 | |||
| Maximum Drawdown | 0.8231 | |||
| Value At Risk | -0.21 | |||
| Potential Upside | 0.2056 | |||
| Downside Variance | 0.0823 | |||
| Semi Variance | 0.0043 | |||
| Expected Short fall | -0.12 | |||
| Skewness | -1.72 | |||
| Kurtosis | 5.04 |
Tax Exempt High Backtested Returns
TAX-EXEMPT HIGH appears to exhibit a very low volatility profile over the selected 3 months investment horizon. It maintains a Sharpe Ratio of 0.12, suggesting a return-to-volatility ratio of 0.12. Indicator analysis identified twenty-seven signals affecting performance dispersion. Please review metrics such as Semi Deviation of 0.0659, coefficient of variation of 947.05, and risk-adjusted performance of 0.0353 to confirm whether our risk estimates align with your expectations. The fund has a beta of 0.0085, which means relatively modest fluctuations relative to the market. As returns on the market increase, TAX-EXEMPT HIGH's returns are expected to increase less than the market. However, during a bear market, the loss from holding TAX-EXEMPT HIGH is expected to be smaller as well.
Auto-correlation | 0.43 |
Average predictability
Tax Exempt High Yield shows average predictability when comparing price series from 17th of December 2025 to 31st of January 2026 against from 31st of January 2026 to 17th of March 2026. A strong serial relationship would imply that TAX-EXEMPT HIGH's recent trajectory contains information about its near-term direction. With a serial correlation of 0.43, just about 43.0% of TAX-EXEMPT HIGH's price variation is attributable to patterns in preceding intervals.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
This technical analysis view for TAX-EXEMPT HIGH focuses on price, volume, and trend behavior. The view references moving averages, RSI, regressions, and chart pattern signals.
Technical Analysis
This analysis covers twenty-seven data points across the selected time horizon. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Tax Exempt High volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of TAX-EXEMPT HIGH focuses on NAV trend behavior and volatility patterns where pricing frequency permits. Trend persistence provides context for directional stability. Certain defensive traits may reduce sensitivity to broader macroeconomic fluctuations.
Unless otherwise specified, data for Tax Exempt High Yield is compiled from fund disclosures and market reference feeds and standardized for comparability. Updates may occur throughout the day.
This content is curated and reviewed by:
Ellen Johnson - Member of Macroaxis Editorial BoardTAX-EXEMPT HIGH Technical Indicators
Investors following Tax Exempt High Yield often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. This is most useful when investors want to compare trend quality, momentum, and mean-reversion risk before acting.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0353 | |||
| Market Risk Adjusted Performance | 0.5128 | |||
| Mean Deviation | 0.086 | |||
| Semi Deviation | 0.0659 | |||
| Downside Deviation | 0.2868 | |||
| Coefficient Of Variation | 947.05 | |||
| Standard Deviation | 0.1352 | |||
| Variance | 0.0183 | |||
| Information Ratio | 0.2278 | |||
| Jensen Alpha | 0.0045 | |||
| Total Risk Alpha | 0.0087 | |||
| Sortino Ratio | 0.1074 | |||
| Treynor Ratio | 0.5028 | |||
| Maximum Drawdown | 0.8231 | |||
| Value At Risk | -0.21 | |||
| Potential Upside | 0.2056 | |||
| Downside Variance | 0.0823 | |||
| Semi Variance | 0.0043 | |||
| Expected Short fall | -0.12 | |||
| Skewness | -1.72 | |||
| Kurtosis | 5.04 |
Tax Exempt High One Year Return
Based on the recorded statements, Tax Exempt High Yield has an One Year Return of 2.9394%. Within the Russell family, this is much above average. The High Yield Muni category benchmark is notably above this level, and the broader all United States funds average is notably above.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.March 17, 2026 Daily Trend Indicators
Investors following Tax Exempt High Yield often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. This is most useful when investors want to compare trend quality, momentum, and mean-reversion risk before acting.
| Accumulation Distribution | 0.00 | ||
| Daily Balance Of Power | Huge | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 9.66 | ||
| Day Typical Price | 9.66 | ||
| Price Action Indicator | 0.00 |